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WhiteOak Capital Mutual Fund has launched WhiteOak Capital ESG Best-In-Class Strategy Fund, an open-ended equity scheme investing in companies following Environment, Social and Governance (ESG) theme adopting Best-In-Class Strategy. The NFO opens for subscription on October 11, 2024 and closes on October 25, 2024. The Entry load is nil for the scheme. In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment and No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked at Nifty 100 ESG TRI and its fund managers are Ramesh Mantri, Trupti Agarwal, Dheeresh Pathak and Piyush Baranwal.

The investment objective of the scheme is to achieve long-term capital appreciation by investing in the companies identified based on the Environment, Social and Governance (ESG) theme adopting Best in Class Strategy.